News

Property sleuths flock to price website

A SCOTTISH internet company is cashing in on Britain’s growing fascination with property prices and is tipped to rival the success of the online giant Friendsreunited.

More than 60m hits have been registered on Nethouseprices.com, which allows users to find the prices of properties across Britain, since it went online at the beginning of the year. The flurry of activity has astounded analysts and internet entrepreneurs. They believe the Edinburgh-based site, which holds the price of more than 10m houses, could become one of the biggest dotcom successes of recent years.

It is already among Britain’s most visited property sites attracting about 500,000 hits each day. Scotland’s lively property market, a staple topic of pub and dinner party conversation, is fuelling interest.

City financiers have contacted Steve Dunnett, founder of Nethouseprices, offering to invest in the venture. He has also been approached by banks, estate agents, developers and other firms